[AI] Govt. plans insurance scheme for disabled

mufazal munshi mufshi at hotmail.com
Sat Sep 15 04:26:49 EDT 2007


there is no specific mention for the scheme being in place for the blind. 
however, i presume it will b applicable? smile!
muffi.

----- Original Message ----- 
From: "Sameer" <sameer.latey at yahoo.co.in>
To: "Access India" <accessindia at accessindia.org.in>
Sent: Friday, September 14, 2007 8:13 PM
Subject: [AI] Govt. plans insurance scheme for disabled


>
>
> Govt plans insurance scheme for disabled
>
> Sreelatha Menon / New Delhi September 14, 2007
>
> May implement the Rs 2,400 crore programme this fiscal.
>
>
>
> While the social security Bill for the unorganized sector may take a long
> time in becoming a reality, the disabled in the country may get their own
> insurance
>
> scheme funded by a unique corpus soon.
>
>
>
> The disabled who have been denied insurance cover by companies all these
> years stand to get insurance as a right once the scheme is in place this
> year.
>
> The source of the funding of the insurance scheme is also unique.
>
>
>
> It is to be funded through a Rs 2400 crore corpus that has accrued to the
> Ministry for Social Justice and Empowerment from public sector banks.
>
>
>
> These banks, which had made a profit while rounding off their accounts, 
> had
> been asked by the Supreme Court to spend the money for public good
> specifically
>
> for the disabled after a PIL three years ago.
>
>
>
> The ministry, which has started receiving the money, plans to implement 
> the
> insurance scheme in this financial year using the funds.
>
>
>
> Interest from this corpus would be used for various disability welfare
> schemes and the insurance scheme will benefit from this fund, officials
> said.
>
>
>
> The National Trust for the Welfare of Persons with Autism, Cerebral Palsy,
> Mental retardation and Multiple disabilities and the Chief Commissioner 
> for
> Persons
>
> with Disabilities are working out the social security cum insurance cover
> with various insurance companies.
>
>
>
> A three-member team of experts, including Pradeep Ghosh of the NGO Oasis
> Bhopal, Dr T V Ramesh of Insurance brokering firm Alegion in Chennai, and
> Shyamala,
>
> director of Adi (formely Spastic Society of Northern India, has been 
> working
> on the insurance scheme with the actuaries of insurance companies for the
>
> last four months.
>
>
>
> Pradeep Ghosh, one of the experts working out details of the insurance
> scheme with actuaries, said it was likely to be implemented on a pilot 
> basis
> in one
>
> or two districts to begin with and would be spread out to the rest of the
> country in phases. Ghosh added that it was a big achievement for the
> disabled
>
> as they had been denied insurance cover by all companies so far.
>
>
>
> Ghosh himself an Ashoka social entrepreneur who was formerly with the IT
> sector said the insurance companies came forward for a 
> Governemnt-supported
> insurance
>
> scheme after disability activists and lawyer Colin Gonsalvez threatened 
> last
> year to move the court on the denial of insurance cover to disabled.
>
>
>
> Poonam Natarajan Chairperson of the National Trust said that the scheme 
> was
> being processed and she would not be in a position to give details now.
>
>
>
> However sources said that the insurance cover would later incorporate
> products like endowment policies which would provide pensions to the
> disabled.
>
>
>
> The two national agencies on disability would be sending a proposal of
> demands to the insurance companies and the scheme is likely to be
> implemented in
>
> this financial year, sources said.
>
>
>
> Regards
>
> Sameer Latey
> Mumbai, India
>
>
>
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